01 October 2024
Brembo N.V. (the “Selling Shareholder”), announces today the launch of a placement of its entire stake of 55,800,000 ordinary shares (the “Sale Shares”) of Pirelli & C. S.p.A. (“Pirelli” or the “Company”), representing approximately 5.58% of the Company’s existing share capital as of the date of this press release (the “Placement”).
The Placement will be made to certain institutional investors (including investors meeting the requirements of qualified institutional buyers in the United States pursuant to Rule 144A of the United States Securities Act of 1933, as amended) by way of an accelerated bookbuilding process.
The bookbuilding process will commence immediately. The Selling Shareholder reserves the right to change the terms or timing of the Placement at any time. The Selling Shareholder will announce the outcome of the transaction upon its completion.
BNP PARIBAS has been appointed to act as Sole Global Coordinator and Bookrunner in connection with the Placement.
Skadden, Arps, Slate, Meagher & Flom (UK) LLP is acting as legal counsel to the Selling Shareholder.
For information:
Luca Di Leo - Chief Communications Officer
E-mail: luca.dileo@brembo.com
Daniele Zibetti - Corporate Media Relations
E-mail: daniele.zibetti@brembo.com
Roberto Grazioli - Chief Investor Relations Officer
E-mail: roberto.grazioli@brembo.com
Laura Panseri - Investor Relations Senior Manager
E-mail: laura.panseri@brembo.com
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